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20121112
20121120
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the roll. quorum call: quorum call: >> administrator, thank you for being here at ronald reagan national airport. as we look at the holidays fast approaching, thanksgiving next week, we're anticipating a busy travel season again, and the men and women of tsa are standing at the ready to provide the most effective security in the most effective way. as you know, that creates challenges and opportunities for the traveling public, quorum call: a senator: mr. president? the presiding officer: the senator from colorado. mr. udall: mr. president, we're in a quorum call, is that correct? the presiding officer: the senator is correct. mr. udall: i ask unanimous consent the quorum call be lifted. the presiding officer: without objection. mr. udall: mr. president, i ask unanimous consent the senate proceed to a period of morning business with senators permitted to speak therein for up to ten minutes each. the presiding officer: without objection. mr. udall: mr. president, i ask the chair lay before the senate a message from the house with respect to s. 743. the presiding officer: the clerk will re
. and of ronald reagan and tip o'neill reforming social security. ronald reagan and tip oatmeal during the last comprehensive tax reform. bill clinton and republican congress with welfare reform and balanced in the budget. so we look forward to making this divided government productive for the american people and the several wellness we have a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward and we look forward to being a part of the solution to the significant problems. it is my pleasure now to turn to our newly elected with come as senator cornyn of texas. >> well, things, natch. it's an honor to be elected by my colleagues to serve as the whip, the assistant leader on the republican side. as a drama, fat, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in a lame duck coming out this if this are going forward. there is no mystery about that commanders say mr. to solutio
countries have transformed, reform, lower the rates. we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would
the rates. think about it. we haven't touched it since ronald reagan really. in 1986. bill clinton did raise the rate one point but we haven't done anything to touch our rate and reform our code. every other country, all of them have. taxes gone from 16% to 15%. you do business there. this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said the president will veto
and do something good, something really good for the country. ronald reagan understood this. bill clinton understood this. and president obama seemed to understand it too in december of 2010. so i'll say it again. the only way we succeed is if the president steps up and leaders. it starts by showing that he's serious about success. and let's be clear, an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate. it's twice as much as the white house seemed ready to agree to during last summer's debt ceiling talks. and looked at in the context of the spending cuts yet to be enacted from the president's other proposals, it amounts to about 20 cents in cuts for every new dollar in tax hikes. in other words, no cuts at all. it's a joke. a joke. look, people i talk to across kentucky, they don't want any more political fights. th*e'd like to -- they'd like to see us get somewhere. they want the two parties to work together to find a solution to our fiscal
Search Results 0 to 4 of about 5